Close Menu
    Facebook LinkedIn YouTube Instagram X (Twitter)
    Blue Tech Wave Media
    Facebook LinkedIn YouTube Instagram X (Twitter)
    • Home
    • Leadership Alliance
    • Exclusives
    • Internet Governance
      • Regulation
      • Governance Bodies
      • Emerging Tech
    • IT Infrastructure
      • Networking
      • Cloud
      • Data Centres
    • Company Stories
      • Profiles
      • Startups
      • Tech Titans
      • Partner Content
    • Others
      • Fintech
        • Blockchain
        • Payments
        • Regulation
      • Tech Trends
        • AI
        • AR/VR
        • IoT
      • Video / Podcast
    Blue Tech Wave Media
    Home » Torus raises new capital to transform card payment transparency
    cable2
    Fintech

    Torus raises new capital to transform card payment transparency

    By SelinaDecember 16, 2024No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    • SaaS platform Torus secures new funding to enhance transparency in card payment systems.
    • The capital will drive innovations in simplifying payment processes and reducing hidden fees for businesses and consumers.

    What happened: SaaS platform’s capital boost

    Torus, a SaaS platform specializing in card payment solutions, has successfully raised new capital to improve transparency and efficiency in payment systems. The funds will be used to tackle common issues such as hidden fees, opaque workflows, and lengthy settlement processes that affect businesses and consumers globally. By leveraging AI-driven analytics and user-friendly dashboards, Torus aims to provide real-time insights into payment processes, empowering users with greater clarity and control over their transactions. This funding positions Torus to develop advanced tools that simplify payment management and set new industry standards for transparency. “This investment allows us to build a future where payment systems are easier to understand and trust,” said Sarah Fields, CEO of Torus.

    Also read: What is SaaS? Breaking down the software-as-a-service model
    Also read: The advantages of SaaS: Streamlining business in the cloud

    Why it is important

    The lack of transparency in card payment systems has been a long-standing issue, with hidden fees and complex processes costing businesses billions of dollars annually. Torus’ efforts to eliminate these inefficiencies could significantly enhance operational efficiency for businesses, especially small-to-medium enterprises (SMEs) that often face disproportionate challenges. This development highlights a broader fintech trend toward prioritizing trust, accountability, and user-centric solutions.
    By incorporating AI-powered tools and real-time insights, Torus is poised to reshape the card payment landscape, offering a more streamlined and transparent experience for users. According to fintech analyst Mark Reynolds, “Torus is setting a new benchmark in payment transparency, empowering businesses to make better financial decisions.” With its scalable solutions and focus on transparency, Torus has the potential to redefine how financial transactions are managed in the global fintech ecosystem.

    SaaS Transparency
    Selina

    Selina Li is an inter reporter at Blue Tech Wave Media.She majored in foreign language in college. Contact her at selina.li@btw.media.

    Related Posts

    Bank of Africa Kenya: Supports small firms beyond big-bank reach

    July 11, 2025

    Zenith Bank Ghana Ltd: Driving digital banking

    July 10, 2025

    Reverse AFRINIC’s election annulment, honor the votes, uphold the rule of law

    July 10, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    CATEGORIES
    Archives
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023

    Blue Tech Wave (BTW.Media) is a future-facing tech media brand delivering sharp insights, trendspotting, and bold storytelling across digital, social, and video. We translate complexity into clarity—so you’re always ahead of the curve.

    BTW
    • About BTW
    • Contact Us
    • Join Our Team
    TERMS
    • Privacy Policy
    • Cookie Policy
    • Terms of Use
    Facebook X (Twitter) Instagram YouTube LinkedIn

    Type above and press Enter to search. Press Esc to cancel.